Finfluencers Telling You What to Trade? UAE Says Not Without a Licence
The United Arab Emirates has introduced a new licensing requirement for individuals who create financial content online. The Securities and Commodities Authority (SCA) has launched what it calls a “finfluencer”…
Traders Stay on Platform as Spotware Refines Referrals with cTrader Invite Integration
Spotware has upgraded cTrader Invite, its integrated Introducing Broker (IB) toolkit, with new features aimed at improving IB engagement and trader conversion. The update offers full integration with brokers’ referral…
FOREX.com Projects 100% Jump in New Accounts From Simple eKYC Switch
StoneX Group Inc.’s Japanese subsidiary has implemented an artificial intelligence-powered identity verification system for its FOREX.com trading platform, with the company projecting the change will approximately double new account openings.…
For $10K, eToro Gives Retail Investors Hedge Fund Superpowers with AI Portfolios
Online trading platform eToro (NASDAQ: ETOR) has introduced 11 new investment portfolios powered by artificial intelligence, built on the analysis of its retail trading data, the company announced today (Wednesday).…
NAGA Shares Hit 4-Month High as Analyst Predicts 130% Upside Potential
Shares of The NAGA Group AG (XETR: N4G) surged to their highest level in four months after research firm SMC maintained its “BUY” rating while setting a price target that…
cTrader Users Gain Access to Professional Money Management
Technology provider Brokeree Solutions has integrated its portfolio allocation and money management (PAMM) solution with Spotware’s cTrader trading platform, marking the third collaboration between the companies this year. Brokeree Expands…
Robinhood Targets 11 Million UK Traders with Desktop Trading Platform
Robinhood, the American stock brokerage industry disrupter, is luring active traders in the United Kingdom with the launch of its browser-based desktop trading platform, Robinhood Legend. A Trading Platform for…
Record Number of Britons Fell for Financial Frauds in 2024, but Total Loss Didn’t Increase
Britons lost £1.17 billion (around $1.6 billion) to financial frauds and scams in 2024, an amount that remained unchanged from the previous year, according to the latest data from industry…
XTB UK Posts 120% Jump in Annual Profit Despite Revenue Decline: “Transition from a Pure CFD Broker”
XTB Limited, the UK arm of the Warsaw-listed fintech (WSE: XTB), reported annual profit before taxation surged 116% to £374,228 for 2024, even as total revenue declined 5% to £4.51…
US-based Fintech Firm Purpleplum Eyes Global Expansion and Capital Raise
Fintech company Purpleplum, originally established in India, has officially restructured as a U.S.-based company in a bid for global scale, product innovation, and broader capital access. The company’s move aims…